UPS to open Shanghai cargo hub in November

Discussion in 'The Latest UPS Headlines' started by cheryl, Jan 14, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS to open Shanghai cargo hub in November - MSNBC

    United Parcel Service Inc. in November plans to touch down on a new 1 million-square-foot air cargo hub in Shanghai. It will be the first U.S. cargo carrier to open a hub in the burgeoning China market.

    The hub will help position the carrier to penetrate "what probably, over the next 20 to 30 years, will be the largest domestic delivery market on Earth," said Stephen Hoedt, UPS analyst with National City Wealth Management in Cleveland.